The number of unemployed people fell from 687,600 persons in December 2021 to 680,400 in January this year, representing a 1.1% decrease.
Uncertainty over the pandemic’s effects on the economy and the high unemployment rate are likely to keep employees in their current jobs.
The Human Resource Ministry will set up a one-stop employment centre in each state in stages, said its minister Datuk Seri M Saravanan.
In January, 42,166 people found employment while 1,200 new jobs were created as the country targets to create 600,000 jobs this year.
The Employees Provident Fund is keen to see wages go upwards, but stresses that it must match with the availability of funds and the right way to do it.
In a first of its kind, the federal government will debate on an amendment Bill that could redefine the relationship of gig workers and tech companies.
As of February 18, a total of RM21.72 million has been channelled to 902 MSMEs under the Indian Community Entrepreneur Development Scheme.
Gig workers on the platform with existing EPF accounts can give their consent to opt into the programme and set their contribution rate.
Although the government is still discussing the minimum wage hike, some firms are already paying more than the minimum wage.
The RM40 billion (US$9.6 billion) SemarakNiaga Keluarga Malaysia programme is designed to create jobs and help businesses recover.
Despite the rollout of government work support initiatives, employers have been reluctant to offer decent salaries to potential workers.
The health ministry noted that the current infectious rate of COVID-19 in the country is higher, and most likely caused by the Omicron variant.
Foreign workers would send back the surplus of their salaries to their home countries, instead of spending their earnings in Malaysia, says employers group.
The Jamin Kerja Keluarga Malaysia initiative will create 600,000 jobs with a budget of RM4.8 billion (US$1.14 billion).
The number of jobs in the country reached 8.53 million jobs in the fourth quarter of 2021, the highest number recorded during the pandemic period.
The HR Ministry has been urged to focus on reforming labour laws to keep up with the gig economy and the reality of a post-pandemic age.
Employees have suffered as much as employers during the pandemic, said the Labour Law Reform Coalition.
The unemployment rate dropped to 4.2% in December from 4.3% in the previous month, the Department of Statistics Malaysia (DOSM) reported.
Employers have been told to avoid face-to-face meetings for now, and are encouraged to help their workers undergo regular COVID-19 tests.
The Government Industry TVET Coordination Body, or GITC, is a collaboration hub to place graduates into relevant jobs.
Following complaints of ambiguity, the Women’s Aid Organisation said it sought clarification from Malaysia’s human resource ministry.
The payments cover temporary and permanent disability benefits, medical expenses, and funeral and dependent benefits.
Employers in the country must advertise job vacancies on the MYFutureJobs portal to ensure that these opportunities are offered to locals first
The government has allocated RM20.107 billion (US$4.8 billion) to 357,402 employers under its Wage Subsidy Programme (PSU).
A public outreach programme provides a more controlled and easier way for workers to receive their booster shots.
The number of unemployed persons fell below 700,000 in November, its lowest level since April 2020, according to the Department of Statistics.
Most businesses are not ready to increase the minimum wage as they still have not recovered from the economic impact of the pandemic.
High-skilled jobs in the country remains at a low proportion, compared to other advanced economies such as Singapore.
A survey has shown that the majority of businesses in Malaysia are opting to continue with the hybrid model of on-site and remote working.
Malaysians must equip themselves with the right knowledge and relevant skill sets in digital technology to stay relevant.